YY.com

YY is a major Chinese video-based social network, a subsidiary of JOYY.^[1] It features a virtual currency which users earn through activities such as karaoke or creating tutorial videos and which is later converted to real cash. Launched in 2005 as duowan.com (Nasdaq: YY), it originally targeted gamers, before broadening to include video streaming and chat features for uses such as concerts, fashion and sports. Users exchange "virtual roses" as a form of currency, with top users said to earn as much as $20,000 per month.^[2][3] In November 2012, YY was listed on the NASDAQ.^{[citation needed]}

YY

Type of site	Online chat, streaming media
Available in	Chinese, Vietnamese
Traded as	Nasdaq: YY
Owner	JOYY
URL	yy.com
Registration	Optional
Launched	2012; 13 years ago (2012)
Current status	Active

The website was originally known as YY Voice (Chinese: 语音). On 24 November 2014, YY's video streaming service began operating independently as Huya Live.^[4][5]

On 18 November 2020, MuddyWatersResearch released a report claiming fraud in the financial and public reporting of JOYY Inc.^[6][7] leading to a significant decrease in the value of its shares.^{[citation needed]}